309 Melbourne ST Detroit MI 48202 MLS #58050200604

309 Melbourne ST
Detroit, MI, 48202
$249,000
4 Beds
3 Baths
1,884 SqFt
0.11 Acres
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MLS #58050200604 image #0
Turnkey three-unit multi family investment opportunity in Detroit. Two of the three units are currently tenant-occupied while the third floor lease recently lapsed March 1st. Property features newer finishes throughout, minimizing up front capital expenditures. Ideally located just minutes from Woodward Avenue, Wayne State University and Little Caesars Arena, with convenient access to downtown amenities, dining and entertainment. Strong rental demand area makes this a sold cash-flow addition to any investors portfolio with long-term upside.

Property Details

Price:
$249,000
MLS #:
58050200604
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
MC LAUGHLIN BROS SUB OF LT 8
Neighborhood:
area05043detlivernoisi756gdriver
Listed Date:
Mar 3, 2026
Finished Sq Ft:
1,884
Year Built:
1915
Short SaleMorethan2storiesArea05043detlivernoisi756gdriverArea05043detlivernoisi756gdriverMc Laughlin Bros Sub Of Lt 8Detroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
1884
Appliances
Oven, Refrigerator, Range
Bathrooms
3 Full Bathrooms
Cooling
Window Units
Heating
Forced Air, Natural Gas
Interior Features
LaundryFacility

Exterior

Architectural Style
Morethan2Stories
Association Amenities
Laundry
Construction Materials
Brick
Fencing
Fenced
Patio And Porch Features
Porch

Financial

Taxes
$2,274

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Jul 17, 2026
3,670
Single Family Listed
122
Avg DOM
94
Avg $ / SqFt
$149,309
Avg List Price

Property Summary

    Located in the MC LAUGHLIN BROS SUB OF LT 8 subdivision, 309 Melbourne ST Detroit MI is a Single Family for sale in Detroit, MI, 48202. It is listed for $249,000 and features 4 beds, 3 baths, and has approximately 1,884 square feet of living space, and was originally constructed in 1915. The current price per square foot is $132. The average price per square foot for Single Family listings in Detroit is $94. The average listing price for Single Family in Detroit is $149,309. To schedule a showing of MLS#58050200604 at 309 Melbourne ST in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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